Womble Bond Dickinson is facing a multimillion-pound negligence claim filed by former clients over a failed real estate redevelopment project in Kensington. The claimants, businessman Kristian Siem, property developer Steven Wake and his company Chapters, were advised by WBD senior counsel (then partner) Robert Drewett in their redevelopment project in 2017. They allege that the […]
Hill Dickinson is swiftly growing its new Birmingham office, with the addition of two more teams from Irwin Mitchell. The firm has significantly strengthened its real estate capabilities in the Midlands, adding expertise in both transactions and litigation to the five-strong corporate team it onboarded in February to launch the office. The real estate team […]
Listed firm Knights has become the latest firm to make lawyers redundant across the country, The Lawyer can reveal. It is understood that both partner and associate roles have been cut across the firm’s restructuring and insolvency, corporate, and real estate teams. The redundancies have taken place across the firm’s offices in the UK, with […]
CMS Cameron McKenna Nabarro Olswang has followed up on several hires in Leeds with the opening of a new office. Located at Wellington Place, the office has been primarily set up to provide a space for its lawyers when working with clients in Yorkshire. A spokesperson for CMS said in a statement: “We have a […]
Dentons has secured a triumph for Marks & Spencer, safeguarding the retailer’s plans for its flagship store on Oxford Street. In a judgment handed down this morning, Mrs Justice Lieven ruled in favour of the supermarket on five of the six grounds it had brought against the Secretary of State (SoS) for Levelling Up, Housing […]
Linklaters and Slaughter and May are advising two housebuilders on their £2.5bn merger. It was announced this morning that listed company Barratt Developments is combining with fellow plc Redrow. FTSE favourites Linklaters and Slaughters acted for Barratt and Redrow, respectively. This is understood to be Linklaters’ first major M&A mandate for Barratt Developments, which has […]
Freeths has expanded its UK office footprint by 30 per cent in recent months in anticipation of future growth. The firm has increased its footprint across its offices in Sheffield, Manchester, Leeds and Bristol from 29,906 sq ft to 38,853 sq ft. Bristol will expand the most by a whopping 87 per cent from 4,479 […]
Property associates at City firm Fladgate have been asked to work a four-day work week, along with a corresponding pay cut, The Lawyer understands. According to RollOnFriday, lawyers were told that the decrease in workdays was a necessary cost saving move. Affected lawyers in the real estate team are understood to have until 22 December […]
The Solicitors Regulation Authority (SRA) has fined a UK firm in excess of £100,000 after it was found to have not taken steps to mitigate sanctions risk in historic conveyancing transactions. Ashfords, which has offices in Bristol, Plymouth, Exeter and London, was subject to an SRA investigation after reporting itself to the regulator in 2019. […]
Trowers & Hamlins has kicked off a second round of redundancies in its real estate team, following another consultation in the firm earlier this year. It emerged last month that the first round of cuts had resulted in 25 lawyers, including some partners, exiting the firm. The latest development means Trowers could be letting go […]
As firms including King & Spalding and Proskauer Rose agree new office deals in London, real estate data for Q3 shows there’s no let-up in demand for plush City space. Data provided by Knight Frank shows that law firms leased over 380,000 sq ft of space in Q3, which was 70 per cent higher than […]
A wave of redundancies continues to hit the legal market as Trowers & Hamlins and Mishcon de Reya are the latest to make cuts within their firms. First reported on RollonFriday, Trowers has begun a redundancy consultation that will thin the real estate and real estate finance teams by 25 lawyers, with partners also understood […]